Credit Bureaus are a Cruel Joke

Equifax (the latest data breach one), Experian, and TransUnion Credit Bureaus. They rule adult American lives. They decide what a person is worth.

A good job? That doesn't matter.
Paid rent on time for over a decade? Nope, don't care.
Pay ISP and phone on time? Irrelevant.
Volunteer in the community? So what.
Actually paid off student loans at some point? Vanished from report.
Help little old ladies carry things? Nice to children and pets? Decent human? Not a factor.

You have to have two of the right kind of credit lines open, and owe exactly the right percent of money for a certain time period. But no one agrees what that is! And maybe it isn't two. Sometimes it is three. But it has to be just the right amount! And that's how they give a score.

What is that score? Some pretend number that has AT LEAST 4 different ways of being calculated. A number that varies wildly depending on who checks it. And how often they check it and why.

There needs to be another credit bureau. One that the consumer has input. One where the consumer reports payments, along with proof, every month. "Here is a copy of the check or the confirmation number for my payment." Volunteer hours should COUNT for something.

And there needs to be a law stating that the consumer has the right to request THAT REPORT be used to determine creditworthiness. Either instead of or in conjunction with the others, CONSUMER'S CHOICE. And the consumer should get to decide when good reporting things vanish, not everything automatically vanishes after seven years. (You shouldn't be punished with a lower score because you paid a loan off two years ahead of schedule! If anything, that should be a massive boost!!!)

We should take back control. This current system is garbage. Three companies with virtually no oversight have made up numbers that determine human worth. That should not be allowed to continue.

"Vive la révolution!"

Who is with me?

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